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2501 Wilmington Rd 79,860 SF Office Building New Castle, PA 16105 $2,093,879 CAD ($26.22 CAD/SF)
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- Discover 2501 Wilmington Road, a premier Class B office building offering 79,860 square feet of flexible business space on over 8 acres.
- Previously home to Liberty Mutual Insurance, the building features a prestigious white stone façade, cafeteria, and over 600 parking spaces.
- Located near top retailers like Walmart Supercenter, Dunkin’, and Lowe’s, plus essential services like UPMC and the Department of Transportation.
- Recently renovated, move-in-ready property provides businesses with a strategic location and customizable layouts for growth and success.
- Enjoy seamless access to Interstate 376, with Pittsburgh International Airport just 45 minutes away and nearby hotels for business travelers.
- Enterprise Zone Tax Credit eligibility and proximity to a skilled workforce of over 45,000 residents make it a valuable investment opportunity.
EXECUTIVE SUMMARY
2501 Wilmington Road is a premier investment opportunity in New Castle, Pennsylvania. It offers a multi-story, approximately 80,000-square-foot office building on over 8 acres.
This well-maintained Class B asset offers flexible configurations ranging from 26,620 square feet per floor to a full 79,860 square feet, making it ideal for owner/users or value-add investors. Formerly home to Liberty Mutual Insurance, the building features a distinctive white stone façade, two elevators, two loading docks, a cafeteria, over 600 surface parking spaces, monument signage, and a landscaped picnic area. Renovated in 2019, the interior features open, light-filled layouts with expansive windows. Delivered vacant, 2501 Wilmington Road is ready for immediate occupancy or repositioning to meet market demand.
Strategically located along a major thoroughfare with over 15,000 vehicles passing daily, 2501 Wilmington Road offers excellent visibility and accessibility. Just minutes from Interstate 376, the University of Pittsburgh Medical Center (UPMC), and the Pennsylvania Department of Transportation, the property benefits from strong regional connectivity. The surrounding area features a robust retail presence, including Walmart Supercenter, Lowe’s, Dunkin’, McDonald’s, KFC, Walgreens, and several national and regional businesses. For business travelers, Pittsburgh International Airport is just 45 minutes away, with nearby hotels like Holiday Inn Express and Hampton Inn adding convenience.
Located in Lawrence County, approximately 45 miles northwest of Pittsburgh, New Castle is a historic city with a diversified economy and a growing commercial presence. With a population exceeding 45,000 within 5 miles and eligibility for Enterprise Zone Tax Credits, this location offers significant economic advantages. As New Castle continues its revitalization, supported by increasing rental rates and public investment, 2501 Wilmington Road presents a rare opportunity to own a sizable, modern office facility in a strengthening market.
This well-maintained Class B asset offers flexible configurations ranging from 26,620 square feet per floor to a full 79,860 square feet, making it ideal for owner/users or value-add investors. Formerly home to Liberty Mutual Insurance, the building features a distinctive white stone façade, two elevators, two loading docks, a cafeteria, over 600 surface parking spaces, monument signage, and a landscaped picnic area. Renovated in 2019, the interior features open, light-filled layouts with expansive windows. Delivered vacant, 2501 Wilmington Road is ready for immediate occupancy or repositioning to meet market demand.
Strategically located along a major thoroughfare with over 15,000 vehicles passing daily, 2501 Wilmington Road offers excellent visibility and accessibility. Just minutes from Interstate 376, the University of Pittsburgh Medical Center (UPMC), and the Pennsylvania Department of Transportation, the property benefits from strong regional connectivity. The surrounding area features a robust retail presence, including Walmart Supercenter, Lowe’s, Dunkin’, McDonald’s, KFC, Walgreens, and several national and regional businesses. For business travelers, Pittsburgh International Airport is just 45 minutes away, with nearby hotels like Holiday Inn Express and Hampton Inn adding convenience.
Located in Lawrence County, approximately 45 miles northwest of Pittsburgh, New Castle is a historic city with a diversified economy and a growing commercial presence. With a population exceeding 45,000 within 5 miles and eligibility for Enterprise Zone Tax Credits, this location offers significant economic advantages. As New Castle continues its revitalization, supported by increasing rental rates and public investment, 2501 Wilmington Road presents a rare opportunity to own a sizable, modern office facility in a strengthening market.
MATTERPORT 3D TOURS
Virtual Tour of Ground Floor
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PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
79,860 SF
Building Class
B
Year Built
1970
Price
$2,093,879 CAD
Price Per SF
$26.22 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
26,620 SF
Slab To Slab
12’
Building FAR
0.25
Lot Size
7.35 AC
Zoning
R/3
Parking
600 Spaces (7.51 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Food Court
- Outdoor Seating
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Ample space available for lease.
Full space options available.
Ready for tenancy.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 26,620 SF | Office | - | Now |
| 2nd Floor | 26,620 SF | Office | - | Now |
| 3rd Floor | 26,620 SF | Office | - | Now |
1st Floor
| Size |
| 26,620 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 26,620 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 26,620 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 26,620 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Ample space available for lease.
2nd Floor
| Size | 26,620 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Full space options available.
3rd Floor
| Size | 26,620 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Ready for tenancy.
1 1
ABOUT NEW CASTLE
Located in western Pennsylvania, New Castle offers a strategic position for office users seeking connectivity, affordability, and access to a skilled workforce. The area is anchored by neighborhoods such as Mahoningtown, Oakland, Westview Heights, and Shenango Industrial Park, with major thoroughfares including Interstate 376, Route 422, and Route 108 providing access to Pittsburgh, Youngstown, and surrounding markets.
New Castle supports a diverse mix of industries, with a strong presence in manufacturing, logistics, and professional services. The Shenango Industrial Park and surrounding commercial corridors attract tenants seeking flexible space and proximity to regional distribution networks. Office users benefit from the area’s infrastructure, which includes freight rail access and proximity to regional airports.
The community offers a balanced lifestyle with access to parks like Cascade Park, historic districts, and a mix of retail and dining options. Affordable housing and a range of public amenities make New Castle appealing to both employers and employees looking for value and convenience in a well-connected setting.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
5,038
30,111
45,544
2024 Population
4,702
30,202
45,769
Population Growth '20-'24
-6.7%
0.3%
0.5%
2020 Households
2,145
12,927
19,433
2024 Households
1,997
12,950
19,513
Household Growth '20-'24
-6.9%
0.2%
0.4%
Average Age
44
43
43
Median Household Income
$81,772
$55,396
$54,893
Daytime Employees
2,543
19,912
26,329
Total Businesses
434
2,181
2,876
College Degree + Higher
30%
22%
21%
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Dunkin' | Cafe | - | 3 min walk |
| McDonald's | - | - | 4 min walk |
| The Grill On The Hill | Grill | $ | 5 min walk |
| Gallo's Italian Villa | Italian | $$ | 5 min walk |
| Bill's Sandwich Shop | Sandwiches | $ | 4 min walk |
| Subway | - | - | 5 min walk |
| El Canelo Mexican Restaurant | Mexican | $ | 4 min walk |
| KFC | - | - | 6 min walk |
| Taco Bell | Fast Food | - | 6 min walk |
| Po Lunch | Hot Dogs | $$$ | 8 min walk |
RETAIL |
||
|---|---|---|
| Famous Hair | Salon/Barber/Spa | 4 min walk |
| State Farm Insurance | Insurance | 7 min walk |
| PNC Bank | Bank | 13 min walk |
| Tuxedo Junction | Formal Wear | 13 min walk |
| CVS Pharmacy | Drug Store | 15 min walk |
HOTELS |
|
|---|---|
| Hampton by Hilton |
74 rooms
11 min drive
|
| Quality Inn |
79 rooms
11 min drive
|
| Holiday Inn Express |
81 rooms
11 min drive
|
PROPERTY TAXES
| Parcel Number | 25-229500 | Improvements Assessment | $1,498,722 CAD |
| Land Assessment | $1,085,282 CAD | Total Assessment | $2,584,004 CAD |
PROPERTY TAXES
Parcel Number
25-229500
Land Assessment
$1,085,282 CAD
Improvements Assessment
$1,498,722 CAD
Total Assessment
$2,584,004 CAD
SALE ADVISOR
SALE ADVISOR
Justin Bartholomew, Director Of Leasing
Justin Bartholomew is the Director of Leasing with Pennmark Management Company, joining the company in August of 2018. Prior to Pennmark, he was a Mall Manager and Director of Marketing for Coventry Mall for about a year and a half. He also was a Chemical Operator at Henry Company for 3 years and a Dairy Leader at Weis Markets for 4 years.
1 of 32
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
PHOTOS
STREET VIEW
STREET
MAP
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2501 Wilmington Rd
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